Class 12 Business Administration Notes · GSEB

Liberalization, Privatization and Globalization (LPG)

Chapter 12: Business Environment - Liberalization, Privatization and Globalization (LPG). Learn the 1991 turn, the ten liberalization steps, the meaning and effects of privatization, and the WTO-GATT framework of globalization. GSEB Class 12 Commerce Business Administration notes.

Last updated: 28 Oct 2026

Notes

Liberalization, Privatization and Globalization (LPG)

Chapter 12: Business Environment - Liberalization, Privatization and Globalization (LPG). Learn the 1991 turn, the ten liberalization steps, the meaning and effects of privatization, and the WTO-GATT framework of globalization. GSEB Class 12 Commerce Business Administration notes.